0% Credit Now Available

Bike Finance at Cycle Republic

Why should you wait to get the kit you want?

At Cycle Republic, you can apply for finance on all orders over £250. By paying on finance, you can spread the cost of your purchase over a longer period of time and get the kit you want sooner!

If you’re eligible for bike finance or finance on another qualifying product, you’ll be able to pay for your order on 0% APR, or 9.9% APR if you wish to pay for your purchase over a longer period of time. Finance is provided by V12 Retail Finance.

What can I buy?

You can use finance to pay for orders over £250. Use finance to buy a new bike or use it to buy that turbo trainer you’ve always wanted. It doesn't matter what you want to buy: as long as the order is more than £250, you can pay using finance.

How do I get it?

Paying for your order using finance is easy – if you’re buying from a store, just ask and we can take you through the options. If you’re shopping online, keep an eye out for the finance symbol. You’ll be able to apply for finance as a payment method when you’re paying for your order.

Illustrative Finance Package

Who provides the finance?

Finance is provided by V12 Retail Finance Limited, who are owned by Secure Trust Bank PLC, registered in England and Wales 541132. Their registered office is:

One Arleston Way


B90 4LH

If you’re eligible for finance, you’ll be able to pay for your order over a longer amount of time at 0% APR. Credit is provided by V12 Retail Finance.

Our Rates

We’ve got a huge range of options to suit different budgets. Spread the cost over up to 36 months, with 0% and 9.9% APR options, to build a package that suits you and ride away on the kit you want – exactly when you want it!

0% Bike Finance

Order Amount Term
£250 - £15000 6 months
£500 - £15000 12 months
£750 - £15000 18 months
£1000 - £15000 24 months
£1500 - £15000 36 months

9.9% Bike Finance

Order Amount Term
£250 - £750 12 months
£750 - £15000 24 months
£750 - £15000 36 months

Illustrative Finance Package

Who can get finance?

If you’d like to buy with finance, there are a few criteria you need to meet:

  • You have to be aged 18 years or older.
  • You need an email account.
  • You or your partner need to be in permanent paid employment (minimum 16 hours a week), retired with a pension, on disability benefit, or self-employed.
  • You need to have resided in the UK for at least 3 years, and plan to continue residence in the UK.
  • You need a debit or credit card in your name which is registered to your address.
  • You need to have a bank or building society current account available.

Please bear in mind that even if you meet the above criteria, your application for credit may be declined. We're afraid we are unable to offer finance to students or the unemployed.

Illustrative Finance Package


Q: What is the minimum value to be eligible for bike finance?

A: £250


Q: I’d to pay for my bike with bike finance over a longer period of time.

A: Take a look at our 9.9% finance option. This allows you to spread the cost of bike finance over a longer period of time when compared to the 0% option.


Q: I’d like to apply for bike finance, what’s the maximum amount I can apply for?

A: The maximum is £15,000.


Q: Can I buy two bikes on bike finance?

A: Yes. As long as the total order value is more than £250 and doesn’t exceed £15,000.


Q: What if I want to buy a bike that's £200 and £50 worth of accessories?

A: That's fine! As long as your order is over £250, you can apply for finance.


Q: I’d like to buy a bike on finance for £200, but the normal price of the bike is £250. Can I use bike finance to buy this?

A: Sorry, but your order total must be more than £250 when you buy it. You could add some accessories to your order to make it up to £250, and then you'd be able to pay using finance.


Q: What happens if my finance application gets declined?

A: If your credit application is declined, you’ll need to choose a different payment method to complete your order.


*Prices shown for illustrative purposes only

Bike Finance Terms and Conditions

*Prices shown correct on 07/10/2016

Finance is available on specified orders with a minimum loan amount of £250 and is subject to your status, please note that acceptance for finance is not guaranteed; see Eligibility for Finance.

We reserve the right to withdraw finance on certain products at any time.

Finance is provided through our external partner, V12 Retail Finance Limited ("V12"). If your application is successful you will enter into a Credit Agreement with Secure Trust Bank Plc, who is V12's parent company and which will be administered by V12.

V12 is authorised and regulated by the Financial Conduct Authority. Secure Trust Bank Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 204550.

Eligibility for Finance

You'll need to be:

  • 18 years or older.
  • A UK resident for 3 years or more/Permanent UK resident.
  • Able to make regular repayments by Direct Debit.
  • In regular employment (minimum of 16 hours per week) including self-employment, or in a permanent residence with your spouse/partner who's in regular employment*
  • Have a debit card or credit card in your name and registered to your address and have a bank or building society current account.

Other conditions may apply and we cannot guarantee that your application will be accepted.

* If you are retired and receive a pension, or registered disabled and unable to work, V12 Retail Finance may ask for proof of income.

If your application is successful, you'll be asked to verify your identity by authorising a 50p transaction against a credit or debit card that you own. This helps protect you and us against fraudulent finance contracts. No money will be taken from your card, the details are only used to check that they are valid and registered to your address.

If your application is declined

If your application isn't successful, you can still purchase the item in full via cash or card. If your application is declined, it may be for one of the following reasons:

  • you do not meet the eligibility criteria;
  • adverse credit reference agency information;
  • your credit score;
  • you are considered to be overcommitted financially; or
  • your existing account performance with other lenders.

If you wish to appeal the decision made by V12 Retail Finance, it's advised you obtain an up to date copy of your credit report before appealing directly to V12 Retail Finance. Due to data protection, all customer appeals must be via email to [email protected] or for more advice, call V12 Retail Finance on 02920 468916

Should you cancel your credit agreement and have already received products from us, then you will be liable to pay us in full for the product (unless your cancellation rights apply).